3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Kumba Iron Ore's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -6.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kumba Iron Ore's 3-Year ROIIC % or its related term are showing as below:
STU:KUI's 3-Year ROIIC % is ranked worse than 71.01% of 621
companies
in the Steel industry
Industry Median: 5.58
vs STU:KUI: -6.04
Kumba Iron Ore 3-Year ROIIC % Historical Data
The historical data trend for Kumba Iron Ore's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Kumba Iron Ore's 3-Year ROIIC %
For the Steel subindustry, Kumba Iron Ore's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kumba Iron Ore's 3-Year ROIIC % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Kumba Iron Ore's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kumba Iron Ore's 3-Year ROIIC % falls into.
Kumba Iron Ore 3-Year ROIIC % Calculation
Kumba Iron Ore's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Kumba Iron Ore (STU:KUI) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Kumba Iron Ore 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Kumba Iron Ore's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending, and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
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